KEY POINTS
  • Amazon CEO Andy Jassy told CNBC that Congress must raise the debt ceiling or it could have adverse consequences for U.S. consumer confidence and confidence in businesses.
  • "I know that's going to be debated in Washington, but I hope we take care of it sooner than later in Congress," Jassy said.

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Amazon CEO Andy Jassy urged Congress on Tuesday to raise the nation's debt ceiling, warning that a failure to address the issue could result in a hit to consumer confidence.

"If you look at our debt commitments, and you look at where the debt ceiling is, it's a little concerning," Jassy told "TechCheck" co-host Jon Fortt in an interview that aired Tuesday morning.

In this article